CGI Group Inc (TSE:GIB.A) had its price target boosted by equities researchers at Scotiabank from C$70.00 to C$71.00 in a report issued on Thursday. The firm presently has an “outperform” rating on the stock.

Other analysts have also issued research reports about the company. Goldman Sachs Group Inc. upped their target price on CGI Group from C$66.00 to C$67.00 in a report on Thursday. Desjardins set a C$67.50 price objective on CGI Group in a research note on Thursday, July 28th. Canaccord Genuity increased their price objective on CGI Group from C$68.00 to C$70.00 in a research note on Thursday, July 28th. BMO Capital Markets increased their price objective on CGI Group from C$64.00 to C$68.00 in a research note on Thursday, July 28th. Finally, Barclays PLC increased their price objective on CGI Group from C$60.00 to C$68.00 in a research note on Thursday, July 28th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of C$68.28.

Analyst Recommendations for CGI Group (TSE:GIB.A)

About CGI Group

CGI Group Inc (CGI) is a Canada-based company that provides information technology (IT) consulting, systems integration, IT outsourcing and business solutions. The Company’s delivery model provides for work to be carried out onsite at client premises, or through its centers located globally. In addition, CGI has a range of business solutions, which helps its clients and shareholders.

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